Jupiter Corporation incurred fixed manufacturing costs of $17,000 during 2020. Other information for 2020 includes: The budgeted
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Question:
Jupiter Corporation incurred fixed manufacturing costs of $17,000 during 2020. Other information for 2020 includes:
The budgeted denominator level is 2,400 units.
Units produced total of 2,600 units.
Units sold total of 1,800 units.
The variable cost per unit is $6
Beginning inventory is zero.
The fixed manufacturing cost rate is based on the budgeted denominator level. The operating income using variable costing will be ________ as compared to the operating income under absorption costing. (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.)
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